10 May 2023 - The long-term trend of inadequate indexation of medical rebates is set to end after the federal budget detailed plans to change the formula that governs yearly increases of payments for schedule items that is set to inject $1.5 billion into Medicare.

Budget papers reveal the government “has updated the methodology for calculating the indexation factors to better align with changes in economic conditions” for several major programs, including the Medicare Benefits Schedule, aged care home support programs, and programs that fund community sector organisations.

Read The Australian article